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Funding Daily: Won’t you be my galentine?


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Those of you that watch Parks and Recreation know that today is National Galentine’s Day. I don’t watch the show, but my coworker Meghan Kelly informed me of this auspicious occasion which is dedicated to celebrating your girl friends. Despite the fact that none of my ‘Galentines’ read funding daily (I don’t think), I am still dedicating today’s round-up to them.

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Persado gets $15M to bring science to marketing campaigns  

New York-based Persado wants to provide marketers with data to help them build a successful campaign or promotion. Today, the startup has pulled in $15 million in funding in a round led by Bain Capital Ventures to further build-out product that automatically selects and generates optimal marketing messages for its customers. Read more VentureBeat.

On Deck raises $42M to finance cash-strapped small businesses

On Deck, The online local lending company has raised $42 million in a series D funding round led by Institutional Venture Partners, which joins existing investors RRE Ventures, SAP Ventures and First Round Capital. On Deck offers short-term loans ranging from $5,000 to $150,000 to small businesses that need them. Read more on VentureBeat.

Cylance gets $15M to put a little more prevention into your security plan 

Security firm Cylance wants to put an end to reactionary security, and focus on the prevention of attacks. The company got $15 million in its first round of funding today led by storied venture capitalist Vinod Khosla. Fairhaven Capital also participated in this round. Cylance was started by former McAfee chief executive Stuart McClure in 2012 and has since been in stealth mode. Read more on VentureBeat. 

European VC spreads startup excitement from Berlin to beyond

Point Nine Capital announced its new $53.8M fund (€40M) to support early-stage European companies. The firm’s approach is to be “the angel VC.” The partners are focusing on mentoring entrepreneurs in areas such as Software-as-a-Service, eCommerce, marketplaces, and mobile. Read more on VentureBeat.

Lux Capital to invest $245M in ‘Big, Bold, Brave’ ideas

Lux Capital has closed Lux Ventures III, a $245 million fund with a focus on energy, technology, and healthcare sectors. The fund will make seed investments from $100,000 up to commitments of $15 million over a company’s life. This is Lux Capital’s largest fund to date and was oversubscribed- the initial goal was $200 million. Lux Ventures II was a $100 million fund that closed in 2007. Read more on VentureBeat.

Getonic gets on it with $1.3 million

Social shopping platform Getonic closed a $1.3 million round of funding to help businesses quickly and easily set up mini online shops. On the platform, users build POPshops that they can use promote their products or services on social media outlets, like Facebook or Twitter. This Israeli company took investment from Rutledge Vine Capital and angel investors. Read the press release.

GroupTalent groups together $1 million for TaaS

If you aren’t familiar with TaaS, don’t feel bad. I was not either. GroupTalent is a company that offers a ‘talent-as-a-service’ platform that matches product teams with technical talent based around interests and availability. Today, the company is announcing that it has raised $1 million in seed financing from Version One Ventures and Founders Co-op, with participation from Menlo Ventures. Read the press release.

Stealth cloud startup raises $4M seed round

BlueData Inc has closed $4 million in seed financing, according to an SEC filing. There is no information available on the site and the company has not yet responded to request for comment. What is known is that founder and CEO Kumar Sreekanti formerly worked at VMWare as the Vice President of R&D, in the cloud infrastructure business unit. Read the filing.

Bislr grabs $3.5M to help SMB simplify digital campaigns (because it’s hard)

Bislr, which launched its new marketing management platform today, has raised a new $3.5 million round of funding led by Southern Cross Venture Partners. Read more on VentureBeat.

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